Articles on Qantas Sale Act

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The Qantas Sale Act amendments are set to pass the Senate this week, following a deal the government made with Labor which has consistently opposed majority foreign ownership of the “Australian” airline…

Qantas is investing in a loss-making strategy, and there’s no easy way out.
Dave Hunt/AAPMarch 4, 2014

Tony Abbott has thrown a curve ball at Qantas in refusing to offer up the debt guarantee it wanted, but seeking to abolish Part 3 of the Qantas Sale Act in its entirety. This opens the door to foreign…

The federal government will allow majority foreign ownership in Qantas.
AAP/EPAMarch 3, 2014

As was widely expected, Qantas this morning announced a major restructure of its operations. Included in that announcement are: 5000 job losses. A fleet restructure. Salary freezes. Route restructures…

Qantas will cut 5000 jobs, freeze wages of all staff, and sell or defer buying more than 50 aircraft in a bid to cut A$2 billion in costs. The airline said the roles to be lost include 1500 management…

Qantas is heading into difficult times, but is it still a good investment?
Mick Tsikas/AAPFebruary 26, 2014

So it begins – a company running to Canberra with a good story and in need of some or other political favour. To be fair, these companies tend to have very good stories – consumer safety, national security…

Qantas is poised to receive some form of government assistance, but will it act in the national interest?
griffs0000/FlickrFebruary 18, 2014

Qantas has announced it is splitting its loss-making international business from domestic operations, as part of a five year turn-around plan announced last August. The two companies will have separate…

Senator Xenophon’s proposals for the Qantas Sale Act won’t fly with Qantas CEO Alan Joyce, who says the effects could be detrimental for the beleaguered airline.
AAPFebruary 10, 2012

Senator Nick Xenophon’s call for change to the Qantas Sale Act has made headlines across the world this week. He has challenged the Senate committee to support amendments to the Act that would require…